Many people willing to profitably invest their savings or have a place for a comfortable stay in Cyprus seek to buy a sea-view apartment. It is a challenging mission without proper preparation. To invest in real estate in Cyprus with the expected result, you need to understand how to choose the right solution and get the expert assistance.
Real estate investment in Cyprus: houses vs. apartments
The Cyprus real estate market is represented by a wide range of different options. You can invest in one of the following options:
- apartments;
- penthouses;
- maisonettes;
- townhouses;
- villas.
To understand what type of housing is most suitable in a particular case, you should decide on the purpose of purchase. If you would like to obtain EU citizenship in a short time, it is better to consider luxury real estate. It includes villas and penthouses. Those who have decided to buy a sea-view apartment for holidays should consider one-, two- or three-bedroom apartments. They can be leased in the future and become a source of passive income.
The decision to buy a sea-view apartment in Limassol or another resort city of Cyprus is recommended if you would like to avoid maintenance difficulties. Maintaining the proper technical condition of the house costs EUR 2,000 on average. Sea-view apartments are much more profitable in this respect.
Apartment types in Cyprus
Real estate investment in Cyprus can be made via the purchase of studio apartments, apartments, or penthouses. The first option is the most budget-friendly. Studio apartments are actively sold in Limassol and other cities with high business activity, as they are best suited for short-term accommodation. These apartments are located both on the beach and downtown and characterized by a small area of 30-40 sq.m. and no separate bedroom. The kitchen and living room are combined and have zones separated by a bar counter.
If you would like to buy a sea-view apartment with a high level of comfort, it is better to consider offers in Limassol. This southern resort city has a developed real estate market, investment in which opens up a lot of profitable prospects. The area of apartments in Limassol is counted by the number of bedrooms. They also include a living room, bathroom, and recessed balcony. The kitchen and dining room are usually combined. The area of these popular sea-view apartments range within 50-110 sq.m.
Penthouses are better suited for those who would like to enjoy maximum comfort and buy a sea-view apartment. This real estate is also beneficial for investment within the EU citizenship program. If you decide to buy a sea-view penthouse, you will get a spacious apartment in Cyprus on the top floor of a luxury building. It has private roof access or terrace.
How to buy a sea-view apartment with benefits?
Limassol is the best region for those who would like to enjoy the beauty of the Mediterranean. This is the second-largest city in Cyprus. It is actively built up and offers everything you need for a comfortable stay, life, and work. Having decided to buy an apartment in Limassol, you will make the most profitable investment. However, you need to choose carefully the suitable option to get the expected result.
It is best to buy housing in new buildings. Getting the assistance of construction companies in Cyprus, you will be able to buy a new sea-view apartment with modern technical equipment and engineering communications. The transaction legality is guaranteed.
P.L. Property Gallery Developers & Constructors Ltd. helps to buy real estate in Cyprus
The company has been successfully operating for more than 18 years and has managed to gain trust among partners and clients. Experts from P.L. Property Gallery Developers & Constructors Ltd. will help you invest in Cyprus real estate with maximum benefits and assist you at every stage of the deal:
- selection of suitable housing;
- opening an account with the Bank of Cyprus, making a deposit;
- conclusion of sales contract, final settlement;
- payment of stamp duty and registration of title.
The team of experts from P.L. Property Gallery Developers & Constructors Ltd. will help you buy a sea-view apartment in Limassol providing a whole range of post-sale services. If you do not plan permanent residence in Cyprus, experts will take care of real estate management and lease. You are guaranteed the safety and technical condition of housing, as well as permanent passive income. Interior design is another popular service provided by P.L. Property Gallery Developers & Constructors Ltd. If you decide to buy a sea-view apartment in Limassol for subsequent lease upon ordering its modern design, you will significantly increase the return on your investment.
Real estate from P.L. Property Gallery Developers & Constructors Ltd. is a unique combination of safety, comfort, functionality, and style. Cooperation with this biggest construction company of Limassol, Cyprus, is a guarantee of maximum comfort at each stage of the deal.